The administration of President Muhammadu Buhari inherited road contractual liabilities worth N1.5tn, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said. This was made available in a  statement by the Special Adviser, Communications to the Minister, Mr. Hakeem Bello. He said the ministry inherited...

Power distribution companies have said they are currently losing over N1bn every month as a result of limited electricity evacuation capacity of the Transmission Company of Nigeria. According to the Discos, the poor transmission infrastructure in Nigeria is a major contributory factor to the liquidity...

The Federal Government has paid about N700bn out of the N2.1tn liabilities for the construction of 206 road projects across the country, the Minister of Power, Works and Housing, Babatunde Fashola, has said. Although the minister was not specific if it was the present government...

The Federal Government has declared that it would no longer condone substandard electrical installations and the use of poor materials on the power network. It also warned that it would prosecute power equipment contractors who use substandard materials, stressing that no life must be lost...

With the rising housing deficit in the country, stakeholders in the building and construction sector are calling for more investment in housing development from the growing pension fund. The Chairman, Association of Estate Agents in Nigeria, Mr. Chudi Ubosi, said at a Mandatory Continuous Professional...

Minister of Works, Power and Housing, Babatunde Fashola has faulted the N35.6bn provided for the National Housing Programme in the 2016 budget. He spoke during an interactive session with members of the House of Representatives Committee on Housing chaired by Rep Mustapha Bala Dawaki (APC,...